Spending

Agenda

Although tax policy receives more media coverage, government spending is the most important factor to watch. Our nation was built on the concept of limited government, and government’s tendency is to grow unless it is constrained. One of the biggest challenges for most states is addressing employee pension liabilities.

Any changes to pensions should consider both the long-term solvency of a plan as well as protect the already promised benefits for employees already in the system. The benefits in a public employee retirement system should be sustainable, secure, and affordable.